Singapore Exchange among those in race to pick controlling stake in Tel Aviv bourse


The last major global deal the SGX engaged in was the acquisition of the Baltic Exchange in 2016

Singapore: MAS assessing regulatory curbs to protect cryptocurrency investors

Singapore, which is aiming to be a hub for fintech and so-called initial coin offerings in Asia, does not currently regulate virtual currencies.

People Digest: Zalora CEO resigns; Vingroup appoints new CEO

Zalora Group CEO Parker Gundersen has resigned, citing personal reasons. He is set to leave the fashion e-commerce firm at the end of May.

Singapore’s GIC forges $291m JV to develop residential properties in Mexico

Singapore’s sovereign fund GIC has partnered CCLA Group to develop and operate purpose-built, for-rent multi-family buildings across Mexico’s largest cities.

Temasek leads $24.7m round in US-based animal-free dairy firm Perfect Day

Perfect Day said the fundraising was the largest Series A in the history of the sustainable food technology industry.

Singapore’s Sea announces wider-than-expected loss, group president’s exit

The firm, which counts China’s Tencent as its biggest shareholder, said revenue for the December quarter rose 41% on a year earlier to $124.6 million, as it launched new games and offered older ones in new markets.

SGX to see first fintech listing on Catalist board with Ayondo IPO

Singapore-based PE firm Luminor Capital, a majority shareholder in Ayondo, is seeking to conduct a public float at a potential valuation of $105.6 million.

Singapore’s Sea continues to divide analysts and sceptics on potential

Analysts view Sea as Southeast Asia’s leading growth company with backing from Chinese colossus Tencent that should help it capitalize on the region’s adoption of games, e-commerce and digital payments. Sceptics see little evidence that Sea is developing anything resembling a business model.

Singapore’s Temasek backs fintech startup C2FO’s $100m round

The latest round in C2FO was led by the investing arm of global insurance and asset management giant Allianz and Abu Dhabi’s Mubadala Investment Co.

GIC partners China Vanke to develop Shanghai mall in $110.8m deal

Singapore’s sovereign wealth fund GIC Private Limited has partnered with mainland real estate developer China Vanke Co. for the development of high-end shopping centre in Shanghai